The Truth About Credit Card Debt

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Comments

Cristian19 says:

Great video Rich and very informative! What is the other channel you advocate about finances and other stuff? Many thanks

Sandra Smith says:

I won’t stop testifying for mikealrob0802 on telegram, I’m always happy to deal with him

Sue B says:

This should be taught in schools.people are tortured by debt .superb explanation.

Chris Jones Finance says:

I got a 25percent discount here in UK. Just phoned the bank collections up, offered them 20percent, they said they'd accept 25percent.

Support EEON says:

I can settle your credit card debt for 30% in cash, pay only after you verify the debt has been paid, "serious shit" WA: 15106068886

Andrew Kerr says:

Late to party
I buy everything on Credit, only because it works out better for me as I make more off my current capital holdings. My credit Limit is 40% less than my capital Holdings. I have NEVER paid a cent in interest on consumer items

Joseph Boquiren says:

Being in debt emotionally is like carrying around a 5 ton boulder every waking moment in your life. Pay off your debt. The feeling of being financially emancipated from the banks and credit card companies is like nothing else.

Sandra Smith says:

The only real vendor I found on here is Dwayne2443 on telegram, that man is good for real ? I got my credit caZ’Be tin done with grit pieok isn’t this met country I wai call asemow you but Ife to our no

robin sutton says:

thanks so much for this video! Ted helped me at no extra cost. Here's my referral as promised

mx076 on wickr or telegram

Nelson Nebersca says:

I brought a cc from Ericroboti on telegram best vendor I know and very trustworthy. He sell cc,fullz,Bank,Drops,and Dumps

Ashley Les says:

I appreciate you!

Robert says:

I'm a credit card dead beat, never carry a balance

roniieee M says:

I pay $33 in an year for annual fees, (paying whole statement in full at month end) and even that irks me.?

Chris Kragel says:

Secured debt = potentially lower interest rate, since the bank can trace the debt back to you and reclaim it if you default. This is your house, your car, etc…

Unsecured debt = higher interest rates, since the bank can't trace these purchases as easily. This is credit cards, personal loans, etc…

Morale of the story: debt is toxic to your financial well- being. Whatever money you make is already bespoke when you carry debt. Avoid it like the plague…

If you have debt, get out from under it right away. Get a second job. Moonlight. Pay it off ASAP. Stay away from debt programs that say they can help. You will most likely lose more due to it…

Tangela Lucious says:

I guess I’m sister from another mister?. I got in $6000 Cc debt in college. My hubby and I paid it off before buying our house. Been debt free since, except our mortgage… we’re working towards it. I love your videos…. very informative ??.

Kenneth Mills says:

Don't bite off more than you can chew. Don't keep up with the Joneses???

Sunburst Finish says:

Do
The
Work

Montes Foreman says:

Debt isnt a math problem. Its a behavior problem.

Your monthly expenses should be low enough that if you only made half of the amount of money you make currently, you'd still be okay.

Keep enough money in your bank so you could live for six months if your income vanished.

Buy cheap used cars when youre young, and pocket the money you save from not shelling out $600 a month for a car.

If youre paying $1500 for rent, buy a house and move in a friend to pay rent. Dont co-sign. Renting is throwing money away. Even if youre rent is $500, thats $6000 a year for something you'll never own.

Make the right decisions and you will live well, even if youre income isnt high.

J Lee says:

Women hangout at the finish line to take your money not pick the winner.

Andrew Ngo says:

Apparently I’m a weird person because I have no debts and live on cash (debit)

Pixel says:

I have a credit card I simply charge what I can afford to pay off and pay it off in full every month it’s really not rocket science

John Dyer says:

Stay away from credit cards. Very very difficult to pay off.

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